Invesco BulletShares 2034 Corporate Bond ETF (NASDAQ:BSCY) Sees Significant Growth in Short Interest

Invesco BulletShares 2034 Corporate Bond ETF (NASDAQ:BSCY) was the recipient of a large growth in short interest in the month of January. As of January 15th, there was short interest totaling 143,301 shares, a growth of 63.5% from the December 31st total of 87,621 shares. Based on an average trading volume of 154,541 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.7% of the shares of the stock are sold short. Currently, 0.7% of the shares of the stock are sold short. Based on an average trading volume of 154,541 shares, the days-to-cover ratio is presently 0.9 days.

Institutional Investors Weigh In On Invesco BulletShares 2034 Corporate Bond ETF

Several hedge funds have recently bought and sold shares of BSCY. BCS Wealth Management grew its stake in Invesco BulletShares 2034 Corporate Bond ETF by 124.1% during the fourth quarter. BCS Wealth Management now owns 666,220 shares of the company’s stock worth $14,004,000 after buying an additional 368,933 shares in the last quarter. Raymond James Financial Inc. lifted its holdings in shares of Invesco BulletShares 2034 Corporate Bond ETF by 8.1% during the 3rd quarter. Raymond James Financial Inc. now owns 2,165,840 shares of the company’s stock worth $45,526,000 after acquiring an additional 161,868 shares during the last quarter. Jane Street Group LLC bought a new stake in Invesco BulletShares 2034 Corporate Bond ETF in the 2nd quarter worth $3,242,000. JPMorgan Chase & Co. bought a new stake in shares of Invesco BulletShares 2034 Corporate Bond ETF during the 3rd quarter valued at $1,933,000. Finally, Clark Asset Management LLC lifted its stake in Invesco BulletShares 2034 Corporate Bond ETF by 69.6% during the 3rd quarter. Clark Asset Management LLC now owns 203,865 shares of the company’s stock valued at $4,285,000 after acquiring an additional 83,629 shares during the period.

Invesco BulletShares 2034 Corporate Bond ETF Price Performance

Shares of NASDAQ:BSCY remained flat at $20.99 during trading on Friday. 143,287 shares of the company’s stock traded hands, compared to its average volume of 127,424. The firm’s fifty day simple moving average is $21.04 and its 200 day simple moving average is $20.98. Invesco BulletShares 2034 Corporate Bond ETF has a fifty-two week low of $19.71 and a fifty-two week high of $21.29.

Invesco BulletShares 2034 Corporate Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, January 23rd. Investors of record on Tuesday, January 20th were issued a dividend of $0.0817 per share. This represents a c) annualized dividend and a dividend yield of 4.7%. The ex-dividend date was Tuesday, January 20th.

Invesco BulletShares 2034 Corporate Bond ETF Company Profile

The Invesco BulletShares 2034 Corporate Bond ETF (BSCY) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of USD-denominated, investment grade corporate bonds with effective maturities in 2034. BSCY was launched on Jun 12, 2024 and is issued by Invesco.